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Brightcove (FRA:2BV) Cyclically Adjusted PS Ratio : 0.36 (As of May. 27, 2024)


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What is Brightcove Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Brightcove's current share price is €1.87. Brightcove's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.22. Brightcove's Cyclically Adjusted PS Ratio for today is 0.36.

The historical rank and industry rank for Brightcove's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:2BV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.44   Max: 4.58
Current: 0.38

During the past years, Brightcove's highest Cyclically Adjusted PS Ratio was 4.58. The lowest was 0.29. And the median was 1.44.

FRA:2BV's Cyclically Adjusted PS Ratio is ranked better than
85.33% of 1445 companies
in the Software industry
Industry Median: 1.84 vs FRA:2BV: 0.38

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Brightcove's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.053. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €5.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brightcove Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brightcove's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brightcove Cyclically Adjusted PS Ratio Chart

Brightcove Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 3.45 2.05 0.98 0.47

Brightcove Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.73 0.60 0.47 0.35

Competitive Comparison of Brightcove's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Brightcove's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brightcove's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Brightcove's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Brightcove's Cyclically Adjusted PS Ratio falls into.



Brightcove Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Brightcove's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.87/5.22
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brightcove's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Brightcove's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.053/131.7762*131.7762
=1.053

Current CPI (Mar. 2024) = 131.7762.

Brightcove Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.710 100.560 0.930
201409 0.759 100.428 0.996
201412 0.787 99.070 1.047
201503 0.935 99.621 1.237
201506 0.899 100.684 1.177
201509 0.924 100.392 1.213
201512 0.986 99.792 1.302
201603 0.996 100.470 1.306
201606 1.003 101.688 1.300
201609 1.026 101.861 1.327
201612 1.081 101.863 1.398
201703 1.032 102.862 1.322
201706 1.007 103.349 1.284
201709 0.960 104.136 1.215
201712 0.977 104.011 1.238
201803 0.957 105.290 1.198
201806 1.003 106.317 1.243
201809 0.973 106.507 1.204
201812 0.983 105.998 1.222
201903 1.009 107.251 1.240
201906 1.109 108.070 1.352
201909 1.117 108.329 1.359
201912 1.101 108.420 1.338
202003 1.083 108.902 1.310
202006 1.083 108.767 1.312
202009 1.025 109.815 1.230
202012 1.105 109.897 1.325
202103 1.084 111.754 1.278
202106 1.012 114.631 1.163
202109 1.083 115.734 1.233
202112 1.107 117.630 1.240
202203 1.170 121.301 1.271
202206 1.234 125.017 1.301
202209 1.298 125.227 1.366
202212 1.102 125.222 1.160
202303 1.078 127.348 1.115
202306 1.093 128.729 1.119
202309 1.102 129.860 1.118
202312 1.055 129.419 1.074
202403 1.053 131.776 1.053

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Brightcove  (FRA:2BV) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Brightcove Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Brightcove's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Brightcove (FRA:2BV) Business Description

Industry
Traded in Other Exchanges
Address
281 Summer Street, Boston, MA, USA, 02210
Brightcove Inc is a provider of cloud-based services for the video ecosystem. The firm targets its solutions at media companies, broadcasters, publishers, and corporations. Brightcove Video Cloud is the firm's flagship product, enabling customers to publish and distribute video to Internet-connected devices. Video Cloud generates a significant portion of the firm's revenue through a subscription-based software-as-a-service model. Other products include Zencoder, a cloud-based video encoding service. It generates a large majority of its revenue in North America and Asia.

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